Bitcoin Cash (BCH) has experienced a major increase in price, surpassing the $350 resistance level. The cryptocurrency is currently consolidating and may aim for further gains above the $385 resistance level. BCH outperformed Bitcoin and Ethereum, gaining over 20% in the process. Although the price dipped briefly, it is now trading above $365 and the 100-hour simple moving average. There is a bullish trend line forming with support at $355, indicating potential further upward movement. Immediate resistance is at $380, with the next major resistance at $385. However, if the price fails to clear the $380 resistance, a fresh decline may occur, with support levels at $365 and $355.



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